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Software Group joins Temenos MarketPlace

GENEVA, Switzerland – February 20, 2018 – Temenos (SIX: TEMN), the software specialist for banking and finance, today announces the launch of Software Group onto MarketPlace, its platform for facilitating the exchange of value between fintech providers and financial institutions.

Software Group provides technology solutions that help financial institutions digitize their processes and address the needs of unserved or undeserved communities. The solutions include agency, allowing merchants or retail outlets to become bank representatives, digital field application, which allows field operatives to authenticate, onboard and service customers remotely, and a mobile wallet.

Software Group, a company established in 2009 in Bulgaria, has had a long-standing relationship with Temenos. Before electing to join the MarketPlace, Software Group was a Temenos complementary solution provider and over 30 Temenos customers, such as the Fullerton Group, Vision Fund and ACCU, already use its solutions.

Commenting on the launch, Ben Robinson, Chief Strategy Officer at Temenos, said: "Working together with Software Group, Temenos has helped to bring financial inclusion to millions of people across the globe. By becoming a MarketPlace provider, Software Group will gain greater visibility across the solutions it offers at the same time as making it much easier for Temenos customers to procure these solutions. As such, we expect Software Group to increase its footprint across the Temenos customer base and, by extension, help bring millions more people into the formal banking sector."

Kalin Radev, CEO of Software Group, added: "It is very exciting to be taking our relationship with Temenos to the next level. We see the MarketPlace as a fantastic route to market for the many products that can bring value to Temenos customers. As well as our direct channel solutions, we have an infrastructure platform that is truly cutting edge and can address the integration needs of financial institutions of all sizes. We look forward to playing an active role in the MarketPlace community and helping Temenos to deliver unparalleled customer success."